Westpac Banking

  www.westpac.com.au
  www.westpac.com.au
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Westpac Banking Reviews

Updated July 11, 2014
Updated July 11, 2014
82 Reviews
3.5
82 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Westpac Banking Managing Director and CEO Gail P. Kelly
Gail P. Kelly
47 Ratings

Review Highlights

Pros
  • Good Work/Life Balance, really suited to people with families (in 17 reviews)

  • plenty of opportunities, large organisation (in 4 reviews)


Cons
  • No responsibility taken by senior management - finger is always pointed at others (in 7 reviews)

  • This is the domestic commercial bank for people who want work life balance (in 3 reviews)

More Highlights

5 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Painfully frustrating place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Employee  in  Sydney (Australia)
    Former Employee - Employee in Sydney (Australia)

    I worked at Westpac Banking full-time for more than a year

    Pros

    The view from head office.
    Kitchen facilities on all floors

    Cons

    Business Development Managers who don't know their 'A' from their elbow. Lack of understanding of their own role.
    Too many levels of management and stakeholders. Cant get things done.
    Meeting after meeting
    Low tech environment (Windows XP and Lotus Notes)
    Big bureaucracy including I.T. (which is outsourced to IBM)
    Penny pinching across all areas except the flavour of the month projects.
    No responsibility taken by senior management - finger is always pointed at others.
    No job security. Always looking to outsource roles.
    Outdated programs and procedures.
    Focus too much on setting unrealistic objectives - limited reward for achieving them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    not friendly

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loans Officer
    Current Employee - Loans Officer

    I have been working at Westpac Banking as a contractor for less than a year

    Pros

    convenient but have to stay very late

    Cons

    no training and very bad work-life balance

    Advice to ManagementAdvice

    A lot of turnover in the loan department.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Just don't do it, don't go there!! You'll regret it..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker
    Former Employee - Personal Banker

    I worked at Westpac Banking full-time

    Pros

    Salary is the only advantage. But really the stress and pressure is not worth it. Think about your health and state of mind..

    Cons

    Lots of overtime, stress, pressure and no support at all. No training provided, all you are given is a desk and computer and work it out yourself! Have to be a miracle worker to achieve sky high sales and revenue targets. Expectation is a 1k a day and if you don't meet that then expect to stay behind late until you do. Diary must be full everyday with 25+ calls that MUST be made everyday. If you don't do it then expect to be thrown to the kerb or lectured. No coaching and terrible environment to work in.

    Advice to ManagementAdvice

    Take note as to what the other Big 4 banks are doing, because they are doing it right. They care for the workers and provide support and training. How can you expect your workers to do unthinkable things just so you achieve targets. Disgusting! No thanks!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    The worst career move i have made!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retail  in  Orange (Australia)
    Current Employee - Retail in Orange (Australia)

    I have been working at Westpac Banking full-time for more than a year

    Pros

    if there were any pros i'd be a happier healthier person

    Cons

    the most toxic workplace environment in banking

    Advice to ManagementAdvice

    have a day in the real world

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Poor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Derivative Documentation Analyst  in  Sydney (Australia)
    Former Employee - Derivative Documentation Analyst in Sydney (Australia)

    I worked at Westpac Banking

    Pros

    work life balance is better than some

    Cons

    dead wood everywhere- management very poor.

    Advice to ManagementAdvice

    pay more to attract better staff

    Doesn't Recommend

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